Previous recipients of the awards include Vivienne Westwood, while Victoria Beckham won Emerging British Luxury Brand in 2011.

"This year's Walpole award winners represent some of the most talented organisations from across the luxury industry and we are delighted to recognise their exceptional achievements," said Walpole CEO Julia Carrick who is also publisher and founder, of the Financial Times's How To Spend It magazine.

Walpole is a not-for-profit organization that represents the British luxury industry. The group positions itself as the "voice of British luxury" and it "leads an active programme of thought leadership, research, political engagement, initiatives and events to promote and inspire British luxury worldwide."

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